Midtown 8 Reaches 12th Floor

Midtown 8 Under Construction

Midtown 8 Under Construction

Since going vertical in July, Midtown 8 has reached the 12th floor of construction before topping off at 28 stories.

With 387 rental units, Midtown 8 is being developed by Wood Partners and designed by Stantec.

Midtown 29 Getting Closer To Completion

Midtown 29 

Midtown 29 

Midtown 29 is getting closer to completion for a delivery of January 2018.

Most of the exterior of the building has been painted and the balconies installed since our last update in July. 

Designed by Stantec, with 309 rental units, Midtown 29 topped off in February of this year.

Previous construction photos of Midtown 29 can be viewed here.

New Renderings Of The $20M Coconut Grove Playhouse Plans

Coconut Grove Playhouse Rendering

Coconut Grove Playhouse Rendering

New plans have been revealed of the $20 million renovation of the long shutterred and abandoned Coconut Grove Playhouse.

Plans approved by the Historic Preservation Board in April included tearing down the existing 1,100 theater, but preserving the front v shaped building along Main Highway. The front building and new modern theater would be separated by an open courtyard. The front building would include ground level retail as the original plans in 1926 by Richard Kiehnel. 

Also included in the plans are a five story parking garage to be run by Miami Parking Authority and 32 loft apartments.

An appeal against the plans will be heard before Miami Commissioners on October 26th. 

A look inside the abandoned Coconut Grove Playhouse can be viewed here.

Banco Santander Building Listed For Sale

Banco Santander Building on Brickell Avenue

The Banco Santander building located at 1401 Brickell Avenue is listed for sale, according to The Next Miami.

The 14 story building built in 1973, sits on a 87,958 square foot lot and was purchased for $114 million in 2008.

The site is approved by the FAA for an 844 foot building.

Other buildings on Brickell Avenue have sold in recent years such as 800 Brickell for $112 million, Brickell Arch for $142 million, the SunTrust Building for $140 million and 1221 Brickell for $155 million.

Property Markets Group And Greybrook To Partner On 400 Biscayne Site

400 Biscayne Rendering

Greybrook Realty Partners has invested $32.3 million with Property Markets Group to build a tower at 400 Biscayne Boulevard, according to The Real Deal. 

The site is under contract after a purchase price of $53.6 million in July from Property Markets Group. Currently on the site is the First United Methodist Church, which was built in 1980.

Property Markets Group and Greybrook Realty Partners plan on building a tower with 690 residential units and 20,000 square feet of commercial space.

PMG and Greybrook are also developing the under construction Vice rental tower, which topped off in June of this year.

City Block In Wynwood For Sale At $45M

Listed Site in Wynwood

A city block in Wynwood located between NW 2nd Ave and NW 3rd Ave to NW 29th St and NW 28th St is listed for sale for $45 million, according to The Miami Herald. 

The seller is Rockwell Capital, which assembled the properties five years ago.

The 90,000 square foot site is zoned for 12 stories and 311 residential units.

Miami Marriott Courtyard Proposed For Miami

Miami Marriott Courtyard Rendering

Miami Marriott Courtyard Rendering

After being announced in July, a 42 story Miami Marriott Courtyard located at 511 NE 15th Street went under review by Miami's Urban Development Review Board on October 6th.

The 11,700 square foot lot was purchased for $8 million in February 2016 by Vinay Rama.

Designed by Shulman + Associates, The Miami Marriott Courtyard will have 270 hotel rooms and a rooftop bar.